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Galesburg Reporter

Monday, November 25, 2024

Maquon home prices fall in the second half of 2018

Realestate2

The median sale price of a home sold in the second half of 2018 in Maquon fell by $45,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From July through December of 2018, there were three homes sold, with a median sale price of $30,000 - a 60% decrease over the $75,000 median sale price for the same period of the previous year. There were three homes sold in Maquon in the second half of 2017, as well.

The median sales tax in Maquon for the most recent year with available data, 2017, was $1,151, approximately 3.8% of the median home sale price for the second half of 2018.

The following table compares Maquon to other Knox County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Knoxville251838.9%$89,900$54,00066.5%
Oneida10742.9%$88,750$34,000161%
Williamsfield59-44.4%$87,500$56,50054.9%
Yates City34-25%$83,737$70,00019.6%
Henderson220%$80,250$114,750-30.1%
Wataga78-12.5%$75,000$56,75032.2%
Galesburg2782683.7%$66,000$70,000-5.7%
Altona9580%$59,900$61,000-1.8%
East Galesburg8560%$53,000$48,00010.4%
Abingdon26260%$42,500$53,500-20.6%
Maquon330%$30,000$75,000-60%

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